TomTom (OTCMKTS:TMOAF) Short Interest Down 58.9% in June

TomTom (OTCMKTS:TMOAF) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 126,800 shares, a drop of 58.9% from the June 15th total of 308,611 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

TomTom Stock Performance

TomTom stock opened at $7.24 on Tuesday. TomTom has a one year low of $4.09 and a one year high of $7.90. The company has a 50-day simple moving average of $7.24 and a 200-day simple moving average of $7.23.

TomTom (OTCMKTS:TMOAF) last posted its earnings results on Thursday, April 16th. The company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $151.14 million for the quarter.

TomTom Company Profile

TomTom NV is a Netherlands-based technology company specializing in navigation, mapping and location-based services for consumer, automotive and enterprise customers. The company’s core offerings include digital map content, real-time traffic information and software solutions for advanced driver assistance systems (ADAS), telematics and fleet management. TomTom’s consumer division also produces portable GPS devices, sports watches and mobile applications, catering to individual users seeking personal navigation solutions.

Founded in 1991 by Peter-Frans Pauwels, Pieter Geelen, Harold Goddijn and Corinne Vigreux, TomTom introduced its first consumer navigation device in 2004 and expanded its footprint through the acquisition of map provider Tele Atlas in 2008.